BTC completed its accumulation phase and entered into the manipulation phase now. Let's understand all these 3 phases one by one.
1 Accumulation Phase: According to the chart, the price stays in the accumulation zone for almost 2months. In this phase, the price stays in the range of 59K - 73K level.
2 Manipulation Phase: Yesterday, the price finally broke down from the accumulation phase ( 59K level) and entered into a new manipulation phase. I'm expecting the price to reach around $50k level in this manipulation phase. Try to accumulate your favorite Alts in this phase.
3 Expansion Phase: When this manipulation phase ends, a new uptrend will start and this will happen soon. You just need to be patient.
Conclusion:- Overall, this manipulation phase is a big opportunity for us. Don't be scared and try to DCA some good coins. Soon, the market will be in up-only mode.